[Trading Simulator] A fun & free Speculation Game - SWITCH TO BPI ON JULY 15 !!!

[Malin Keshar]

I feel sad for those who are holding fiat now

[freedomno1]

I feel sad for those who are holding fiat now

^^ Indeed well now it's fun to watch though to see if the momentum will push it up even farther today
It's a good day to watch the market in my opinion.

[Cconvert2G36]

sell @ 301.16

[Wary]

sell @300.35

[(Lithium)]

panic sell @300.24

[(Lithium)]

Just noticed I'm first % of gains-wise again.


May you consider make another ranking to the biggest % profit, or give some honorific prize to the biggest % score

(making a new post because I don't want to invalidate my trade with an edit)

[Miz4r]

I'm going to do another update today. Things are changing very quickly now with BTC gaining back its volatility so faster updates are required to keep the scoreboard accurate. The fight for 1st place is really getting interesting now.

[dnaleor]

I'm going to do another update today. Things are changing very quickly now with BTC gaining back its volatility so faster updates are required to keep the scoreboard accurate. The fight for 1st place is really getting interesting now.

thx!

I'll do the next one just before the switch to BPI (around midnight the 14th to 15th)

new page, so I repost this:

Switch from BAV (Bitcoin averagere) to BPI (coindesk) on july 15
Hi!
We decided that we want to use the more accurate Bitcoin Price Index published at coindesk in stead of the Bitcoinaverage.com quote.

Why:
*historical data for checking trades
*bitcoinaverage includes the volatile localbitcoins, making the rate less reliable
*having less confusion about which rate to take from the website.

How?
before july 15, everybody keeps using the BAV price as explained in the opening post.
On july 15, everyone who has a BTC balance, will start using the BPI price publsihed at coindesk (see below)
If your balance is in fiat on july 15th, your next (BUY) trade will be using the BAV price. After that, you start using the BPI.
(this eliminates possible arbitraging profits by selling before we make the switch)


Practical:
To make the transition as smooth as possible, your fiat balance will be colored in blue on the scoreboard until you buy at BAV price.
For btc balances, no coloring will happen, because these balances are immediatly transferred to the BPI.
The scoreboard will publish the coindesk price, but remember, those exchange rate is only indicative. You ALWAYS need to check the current rate at the website. Don't rely on the rate published on the scoreboard, because this only refreshes once every hour.
the coindesk BPI can be found here: http://www.coindesk.com/price/
Printscreen:

In this example, we use 269.34 USD, NOT the 24h price (269.08 USD)

[Miz4r]

Scoreboard updated!

[dnaleor]

Just noticed I'm first % of gains-wise again.


May you consider make another ranking to the biggest % profit, or give some honorific prize to the biggest % score

(making a new post because I don't want to invalidate my trade with an edit)

well, ranking based on % isn't really accurate, as explained before (you can enter during a bear market or bull market, this is a huge difference)
A ranking based on this will probably not published, but maybe we can try to mention it more every time we do an update
Also, we should post the scoreboard with % column included, as Miz3r just did right now

congratz by the way!


edit: according to the update, chessnut is the first in %

[Elwar]

Well well, looks like we're back to the price of the first day we started this.

All of the buy/holders are sitting back around $100

[Elwar]

BUY at $302.50

.33058

Strange. I only made one trade (my initial buy) yet the chart shows a lower amount:
27   Elwar   -   0.32072   $99.34   -0.66%               

[Miz4r]

BUY at $302.50

.33058

Strange. I only made one trade (my initial buy) yet the chart shows a lower amount:
27   Elwar   -   0.32072   $99.34   -0.66%               

You've probably missed at least two activity checks, which results in a penalty.

[dnaleor]

BUY at $302.50

.33058

Strange. I only made one trade (my initial buy) yet the chart shows a lower amount:
27   Elwar   -   0.32072   $99.34   -0.66%               

You've probably missed at least two activity checks, which results in a penalty.

yeah, probably a 3% penalty (1% first penalty, 2% second penalty)
I'm sorry you lost, but well, it was the rule all along (and even was softened a little over time)
It was needed to have a clear picture on who was 'actively hodling' their coins, so the inactive ones could eventually be dropped from the list (as happened already)


posting in this topic once every month is enough to be considered to be active.

[hellloadswb]

buy @312.3

[Pruden]

SELL @312.19

[Cconvert2G36]

buy @ 307.52

[freedomno1]

Well well, looks like we're back to the price of the first day we started this.

All of the buy/holders are sitting back around $100

Buy @ 306.99
(Since its through the 300 wall sneaks back in to see if it tests the $320 range in the next +- 4 days)
And for vanity fiat since its the same as H3speros at present ^^ (Only 45% to go to catch up to him XD)
Its been a fun ride there was a long period of a small trading range so it got pretty quiet here for a while, then the burn that messed with a lot of people as the price kept dropping and made a bunch of people drop out (now it's a near full wall of Green) so it's fun from a speculation point of view  and nice to see it holding above the $300 dollar support level.
Looking back some smart sells at 312 and a peak at 315 keeps lurking while its still hot .

[Wary]

buy @283.25

[(Lithium)]

buy @289.91

(we really reached as low as 283.25?)